Buffalo USA Global (BUFGX)

Fund Fact Sheet 12-31-09 09-30-09 06-30-2009 03-31-2009 Prospectus Fact Sheet Explanation

Fund Summary The investment seeks long-term capital growth. The fund normally invests at least 80% of net assets in common stocks of U.S. companies that have substantial international operations around the globe. It considers a U.S. company to have substantial international operations if the company receives more than 40% of its revenue or pre-tax income from sales or operations outside of the United States.

Fund Management Kent Gasaway, Lead Manager since 19-May-95
Gasaway is senior vice president and partner with Kornitzer Capital Management, his employer since 1991. Previously, Gasaway spent 10 years with Waddell & Reed Mutual Funds Group. Gasaway holds the Chartered Financial Analyst designation.